Which of the Following Is Not True of an Acquisition

question 32

Multiple Choice

Which of the following is not true of an acquisition of stock or tender offer?

• A)No stockholder meetings need to be held.
• B)No vote is required.
• C)The bidding firm deals directly with the stockholders of the target firm.
• D)In most cases, 100% of the stock of the target firm is tendered.
• E)All of the above are true of tender offers.

---

Definitions:

Discrimination

Discrimination refers to the unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Wage Rate

The amount of compensation a worker receives per unit of time or per task completed.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or gender.

U.S. Population

The total number of people living in the United States, including all citizens, residents, and immigrants.